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233 W Chestnut Street, Lancaster, PA 17603
$649,000 Sale Pending
233 W Chestnut Street, Lancaster, PA 17603View this property at 233 W Chestnut Street, Lancaster, PA 17603
233 W Chestnut StreetLancasterPA17603
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Property Description
Great income producing property in growing Lancaster City! 10 big boarding rooms and 1 large apartment. Property is in great condition and in a good commerce area of the city. A few minor changes could max even more amazing net value. $81,660 per year gross income!
Full Property Details
Full Property Details for 233 W Chestnut St
General
- Price: $649,000
- Taxes: $7,708 (2022)
- Status: Pending
- Type: Apartment
- MLS ID: PALA2048988
- Updated: 4/10/2024
- Added to Site: 28 day(s) ago
Business
- Business Type: Apartment Building
Interior
- Flooring: Carpet, Hardwood
Additional Information
- Security/Safety: Smoke Detector
Parking
- Parking Features: Lighted Parking
- Parking Type: On Street
Location
- Area: Lancaster City (10533)
- Municipality: LANCASTER CITY
- County: Lancaster
- Driving Directions: North on Mulberry, Right on W. Chestnut, property on the Left.
- Location Details: Downtown
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available, Sewer Available, Water Available
Structural Information
- Construction: Mixed
- Foundation: Stone
- Roof: Rubber
- Doors: Insulated
- Stories/Levels: 0
- Year Built: 1880
- Year Built Source: Assessor
- Property Condition: Very Good
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 2, Unit 4, Unit 5, Unit 8, Unit 3, Unit 6, Unit 7, Unit 9, Unit 10
Unit 1
- Unit Description: Unit 1
Unit 2
- Unit Description: Unit 10
Unit 3
- Unit Description: Unit 1
Unit 4
- Unit Description: Unit 2
Unit 5
- Unit Description: Unit 3
Unit 6
- Unit Description: Unit 4
Unit 7
- Unit Description: Unit 5
Unit 8
- Unit Description: Unit 6
Unit 9
- Unit Description: Unit 7
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,356
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Frontage Feet: 200
- Street/Road Desc.: Black Top
- Lot Features: Rear Yard, Road Frontage
- Zoning: RESIDENTIAL
- Lot Description: Rear Yard, Road Frontage
Financial Considerations
- Price Per Sq. Ft.: $148.99
- Operating Expenses: $23,652
- Assessment Year: 2023
- School Tax: $4,678
- City/TownTax: $2,462
- City/TownTax Freq: Annually
- County Tax: $567
- County Tax Freq: Annually
- Tax w/Assessment: $194,800
- Tax Amount: $7,708
- Tax Year: 2022
- Owner Pays: All Utilities, Electricity
- Landlord Pays: All Utilities, Electricity
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Exclusions: All tenant personal items
- Inclusions: All seller owned appliances
Listed by Hostetter Realty, Jacob D. Fisher
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Schools
Schools serving 233 W Chestnut St
School District:School District Of Lancaster
Rating | Name | Grades | Distance |
---|---|---|---|
225 W Orange St, Lancaster, PA 17603 | PK-5 | 0.1 mi | |
605 W Walnut St, Lancaster, PA 17603 | 6-8 | 0.4 mi | |
445 N Reservoir St, Lancaster, PA 17602 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 233 W Chestnut St
Date
Details
Price
Change
Source
4/01/2024
Listed
$649,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 233 W Chestnut St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,708
6%
$194,800
—
2023
$7,263
—
$194,800
—
2022
$7,263
1%
$194,800
—
2021
$7,187
1%
$194,800
—
2020
$7,107
2%
$194,800
—
2019
$7,001
-14%
$194,800
—
2018
$8,156
25%
$194,800
37%
2017
$6,518
2%
$141,900
—
2016
$6,381
1%
$141,900
—
2015
$6,305
4%
$141,900
—
2014
$6,059
—
$141,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 233 W Chestnut St
233 W Chestnut Street, Lancaster, PA 17603 (MLS# PALA2048988) is a Apartment property. 233 W Chestnut Street is currently listed for $649,000 and was received on April 01, 2024. Want to learn more about 233 W Chestnut Street? Do you have questions about finding other Apartment real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.